Acure Asset Management
Feb 28, 20181 min
Updated: Oct 9, 2020
The Newman Hotel Trust and Hotel Newman Hotel Pty Ltd was established to acquire the Newman Hotel Property and business in the north west mining town of Newman in Western Australia.
Purchase price $5.55m plus stock
Equity raising - $5.55m
Year 1 distribution forecast - 15%
Average (5yr) distribution forecast - 15%
Projected internal rate of return 17%
Quarterly distributions from settlement
Newman Hotel - Newman WA
Newman Hotel - Newman WA
Newman Hotel - Newman WA
Newman Hotel - Newman WA